Stock Market & Financial Investment News

Lenovo raises in-house notebook production in 2014, 2015, DigiTimes reportsLenovo's joint venture with Compal Electronics is raising in-house notebook production to 15M notebooks in 2014 with volume expected to surpass 20M units, reports DigiTimes. The company is also expected to ship around 30M note books each year and the joint venture will contribute about 50% to the overall volume in 2014 and 60% in 2015. Reference Link

Motorola has strong year in Brazil, WSJ saysLenovo Group's (LNVGY) Motorola Moto G was the best-selling smartphone in Brazil in 2014, reports the Wall Street Journal, citing data from IDC. Samsung (SSNLF) still retains a 43% overall market share in Brazil, notes the Journal, though Motorola has shot to second place ahead of LG Electronics. Motorola president Rick Osterloh commented, “It’s our ultimate aim to bring... innovations to the lowest tier we possibly can. We definitely see the future being in the midtier.” Reference Link

Samsung set to lead smartphone market in 2015, DigiTimes Research reportsSamsung (SSNLF) is set to lead the smartphone vendor rankings in 2015, reports DigiTimes Research. Samsung and Apple (AAPL) is expected to ship 330M and 230M smartphones, respectively in 2015, while Lenovoy (LNVGY) is set to up its shipments to 84M units. Reference Link

Report: Motorola production base to begin operations on May 11, DigiTimes saysMotorola Mobility's new production base in Wuhan, China will begin commercial production on May 11, reports DigiTimes, citing a Chinese-language tech.sina.com report. The base will also look to accommodate a global operating hub and research and testing center that will come online in 2H16. Reference Link

AMD's former CEO may join Dell, Re/code reportsAccording to sources, former AMD (AMD) CEO Rory Read is close to a deal to join Dell, Re/code reports. Read, who also previously worked at Lenovo (LNVGY) and IBM (IBM), could become COO and president for global commercial sales at Dell. An announcement may come as early as today, the sources say. Reference Link